856 NE Wheelock PlHillsboroOR97006
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Hillsboro at 856 NE Wheelock Pl, Hillsboro, OR, 97006 offers a 9.18% rental yield on a $270,000 purchase with $2,065/mo rent. Total monthly income registers $2,065/mo, and a $1,322/mo payment leaves $435/mo available for distribution. Annual cash flow reaches $5,217/yr on $89,505 to close, and return on cash invested stands at 25.74% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 133.91% and total cumulative return in cash at $119,857. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,065/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2008
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97006, Beaverton, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,915 (100%) |
| Owner Occupied HU | 8,934 (42.7%) |
| Renter Occupied HU | 10,966 (52.4%) |
| Vacant Housing Units | 1,015 ( 4.9%) |
| Median Home Value | $590,813 |
| Average Home Value | $585,912 |
Housing Distribution
Address Breakdown
Residential
19,387
Single Family
14,600
Multi-Family
4,787
Businesses
855
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